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    Reno Commercial Building on Longley Title is generated by Realmo AI

    7025 Longley Ln, Reno, NV

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    13,800 SF commercial building in Reno's Longley Corridor.

    Type:OFFICE
    Property size:
    13,800 SF
    Lot size:
    1.48 Acres
    Price / SF:
    $273/SF
    Added:
    Jul 31, 2025
    Days on Market:
    317
    Last Refresh:
    May 20 at 9:10 pm

    Property Features for 7025 Longley Ln

    General Information

    Standard status
    Active
    Size
    13,800 SF
    Lot size
    1.48 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Mike Keating

    Listing agent Mike Keating

    Listing office Logic Commercial Real Estate | Reno

    Listing date Jul 31, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Logic Commercial Real Estate | Reno

    HighLights

    • Fully occupied commercial building
    • Located in the Longley Corridor
    • Size: ± 13,800 SF building on ± 1.476 AC of land
    • Four (4) tenants in place
    • Built in 1996
    • Diverse tenant mix: theater arts, medical office, veterinary service, aesthetics clinic

    Overview

    A commercial building located at 7025 Longley Ln. in Reno, NV, offers approximately 13,800 square feet of space on approximately 1.476 acres of land. Constructed in 1996, the property is fully occupied by four tenants. These include a theater arts company, a medical office, a veterinary service, and an aesthetics clinic. The asset is located in the Longley Corridor.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $399.1k $28.92
    − Vacancy −$73.8k −$5.35
    EGI $325.3k $23.57
    − OpEx −$81.3k −$5.89
    NOI $243.9k $17.68
    13,800 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.48M
    $3.05M – $4.07M (±1% cap)
    NOI $243,947 @ 7.0% cap · market cap 6.45%
    Second Best
    Healthcare Medical
    $3.06M
    $2.68M – $3.57M (±1% cap)
    NOI $214,349 @ 7.0% cap · market cap 5.67%
    Theoretical Best
    Office A
    $4.25M
    $3.72M – $4.96M (±1% cap)
    NOI $297,709 @ 7.0% cap · market cap 7.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nationwide Insurance: Provence ... Insurance Agency Loft Dance Theater ... Training Center Guided Alliance Pharmacy ... Pharmacy Aspen Animal Wellness Veterinary Clinic New Theory Medical Spa & Massage Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.774
    Latitude
    39.461

    FAQs

    What type of property is this?
    Office building - 13,800 SF commercial building in Reno's Longley Corridor.
    Where is this office building located?
    The property is located at 7025 Longley Ln Reno, NV.
    What is the asking price?
    The asking price for this property is $3,780,000.
    What are key features of this property?
    This property features: Fully occupied commercial building; Located in the Longley Corridor; Size: ± 13,800 SF building on ± 1.476 AC of land
    (775) 386-9727 Call to check price and availability
    More about this property
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